► Show Top 10 Hot Links

Posts Tagged ‘3rd World Liberation Movement’

Obama Boom: QE3 on its way

by Phantom Ace ( 4 Comments › )
Filed under Barack Obama, Economy, Headlines, Progressives, Socialism at April 27th, 2011 - 3:19 pm

With QE2 set to end in June, Bernanke held a press conference today. He continued to lie that inflation was tame. However, he admitted the economy is not as strong as the media has been hyping. In fact, he hinted that QE3 might be in the works.

With a subtle wave of his baton, the aspiring Maestro may have started the music for another round of Federal Reserve monetary easing.

Ben Bernanke, chairman of the US central bank and keeper of the keys to stock market money flows, oversaw a tweaking of wording in the Fed’s post-meeting statement that had trading floors buzzing.

The statement, which preceded the chairman’s first-ever news conference following a Fed Open Markets Committee meeting, simply stated that the group will “ regularly review the size and composition of its securities holdings in light of incoming information and is prepared to adjust those holdings as needed to best foster maximum employment and price stability.”

So Ben Bernanke has decided to continue 3rd World style debt monetization. Destroying America’s living standards just to produce inflation related phony numbers is a crime in my opinion. Clearly he is in cahoots with the Obama regime and is pursuing a failed economic policy.  Ben Bernanke needs to be removed for his irresponsible actions.

The folly of Obama’s energy policies

by Phantom Ace ( 61 Comments › )
Filed under Barack Obama, Economy, Fascism, Progressives, Socialism at April 27th, 2011 - 2:00 pm

Energy prices have skyrocketed in recent months. Some of it is due to rising demand in China, India and other countries who are the winners in the globalization game. Some of it is supply disruption from Libya. Another factor is Wall Street speculators who are driving up the price because of the declining dollar and Middle East turmoil. The factor that is really decisive is Obama’s policies.

The regime of Barack Hussein Obama had ordered moratorium on offshore drilling. They haven’t pursued a policy of encouraging domestic production of not just oil, but natural gas as well. Instead they have spent billions pushing fantasies such a windmills and solar panels. Technologies that don’t result in a reliable supply of energy. Hence these are the factors why oil prices are rising. Another unspoken factor is that the regime wants exactly that!


Skyrocketing gasoline prices have sent President Obama’s public-approval ratings plummeting. The White House is searching for someone to blame, but the problem rests not with the pumps but with the president.
Mr. Obama maintains that lack of supply is not driving up prices. However, domestic demand is not the issue either, since U.S. energy use per capita has been on the decline. So the White House has formed an interagency working group to root out the “traders and speculators” whom he says are responsible for America’s gasoline woes. This type of populist blame-game is typical of the Obama administration’s approach to policy challenges, and diverts attention from the true proximate causes of the oil spike, such as the crises in the Middle East.
If prices are being manipulated, perhaps Mr. Obama should take it up with the OPEC potentates who are the most direct beneficiaries. Mr. Obama also said he wants to end what he says is a $4 billion annual taxpayer subsidy to oil and gas companies, though how removing a subsidy will lower gasoline prices has yet to be explained.

Read the rest: Obama running on empty

Barack Hussein Obama is engaged in demagoguery on this issue. He refuses to come up with solutions. Instead he tells people to get new cars and blames the oil companies. He is in full 3rd World Liberation rhetoric mode on this issue.  Obama probably also likes the fact that Islamic and 3rd World Liberation regimes are making out and until a comprehensive energy policy is developed and production encouraged at home the high prices will continue to hurt America’s purchasing power.

Obama’s Demagogue Budget Speech

by Phantom Ace ( 164 Comments › )
Filed under Barack Obama, Democratic Party, Economy, Elections 2012, Progressives, Republican Party, Socialism at April 14th, 2011 - 2:00 pm

Yesterday our 3rd world Liberation Ideologue President Barack Hussein Obama gave his budget plan. Without any specifics he claimed he was going to make cuts. The only specific he gave was cutting the Military budget. I do agree there is waste there that needs doing away with but we know that’s not what Obama will cut. The other item Obama was clear on was raising taxes on those making $250,000 and above. He claimed it would raise $1trillion in funds over 12 years. Where this figure came from Obama didn’t specify. Obama did make clear he was not really reducing government spending. He claimed that the Government needs to continue to waste money on our failing education system and on useless wind farms.

What’s worse is that Barack Hussein Obama channeled his 3rd World Liberation rhetoric and demonized Paul Ryan’s budget. He claimed that “the rich” were getting tax cuts, which is a lie since the rates have been the same for 10 years. Obama accused the Republicans of wanting to take away medical care for seniors. He lied about Paul Ryan wanting to starve people.  It was one of the most most leftists speeches I have ever seen by a President in my 35 years of life.

Did someone move the 2012 election to June 1? We ask because President Obama’s extraordinary response to Paul Ryan’s budget yesterday—with its blistering partisanship and multiple distortions—was the kind Presidents usually outsource to some junior lieutenant. Mr. Obama’s fundamentally political document would have been unusual even for a Vice President in the fervor of a campaign.

The immediate political goal was to inoculate the White House from criticism that it is not serious about the fiscal crisis, after ignoring its own deficit commission last year and tossing off a $3.73 trillion budget in February that increased spending amid a record deficit of $1.65 trillion. Mr. Obama was chased to George Washington University yesterday because Mr. Ryan and the Republicans outflanked him on fiscal discipline and are now setting the national political agenda.

Mr. Obama did not deign to propose an alternative to rival Mr. Ryan’s plan, even as he categorically rejected all its reform ideas, repeatedly vilifying them as essentially un-American. “Their vision is less about reducing the deficit than it is about changing the basic social compact in America,” he said, supposedly pitting “children with autism or Down’s syndrome” against “every millionaire and billionaire in our society.” The President was not attempting to join the debate Mr. Ryan has started, but to close it off just as it begins and banish House GOP ideas to political Siberia.

Read the rest: The Presidential Divider

Obama’s speech was not a call for Bi-Partisanship. It was a defense of the Progressive ideology. Clearly his 2012 campaign will be about him as the protector saving America from the Evil Republicans. This is rhetoric right out of the 3rd World Liberation playbook. It sounded like a speech Hugo Chavez would give. At least Hugo is funny with his singing antics. Obama is not funny and this was a very anti-American speech.

Obama is not serious about the debt crisis America is facing. He wants to use it to demagogue those who are serious. This shows Obama couldn’t care less about the economic future of America. The Republicans need to confront Obama on this issue.  Americans prefer spending cuts to tax increases and this should used as ammunition against Obama. I doubt they will since the GOP leadership is scared of Obama and will probably crumble as they usually do.

Obama’s 3rd World Liberation Style Budget Speech

by Phantom Ace ( 2 Comments › )
Filed under Barack Obama, Breaking News, Democratic Party, Economy, Headlines, Progressives at April 13th, 2011 - 5:41 pm

Barack Hussein Obama gave a speech today outlining his budget plans that sounded like Hugo Chavez wrote it. He claims the Rich don’t deserve tax cuts, even though it’s been the same rate for 10 years. Obama then said that government spending has lead to innovation and advancement. A lie since most of our technological breakthroughs came from private industry. America spends 3rd highest per capita on education in the world and gets bad results. Obama implies we need to spend even more money.  Obama claimed Republicans want to take away health care from old people. In short, it was full of lie.

Seeking to reassert leadership on the deficit and reassure troubled financial markets, President Obama on Wednesday said $4 trillion can be cut from accumulated deficits by 2023, and told Congressto pass a “debt failsafe” trigger that would impose big cuts if the debt doesn’t begin to stabilize within three years.

Essentially tossing aside the budget he submitted just two months ago, Mr. Obama called for much deeper defense and domestic spending cuts and said while he will not trim benefit payment from Social Security, Medicare or Medicaid, more money can be squeezed out of the latter two programs in other ways.

The president also called for undoing the Bush tax cuts for upper-income taxpayers, and for canceling other tax cuts many of them receive such as the mortgage interest deduction — which he called “spending reductions in the tax code.”

Obama’s speech was  atypical 3rd World Liberation speech. It was us vs. them and only he can save us. We have had3 Center-Left Presidents since Reagan, but Obama is very far Left. This was a speech Hugo and Castro would applaud. Well done Comrade Obama!